TuesdayFeb 13, 2024 3:42 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Financial Report, Company Update on ‘Strongest Quarter to Date’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting financial results for the three months ended Dec. 31, 2023; the company is also reporting a business update. Highlights of the report included the company regaining compliance with the NASDAQ minimum-bid price requirement in January; the achievement of several key milestones, including CARB and federal EPA and NHTSA certification for its Class 1 and Class 3 vehicles, as well as IRS approval as a “qualified manufacturer”; the completion of its lightweight service truck body for the All-Electric Mullen THREE; the submission of a preapplication to the U.S. Department…

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TuesdayFeb 13, 2024 2:36 pm

GreenEnergyBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Names MarineMax Executive to Board

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, announced that Anthony E. Cassella Jr., executive vice president finance and chief accounting officer at MarineMax Inc. (NYSE: HZO) has been appointed to its board of directors; Cassella will serve as an independent director. According to the announcement, the appointment reflects VMAR’s leading role in marine technology innovation and underscores its commitment to strong corporate governance; the company noted that the veteran’s background and industry knowledge “will bring incredible value to the next chapter of Vision Marine's mission to become the leading provider…

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MondayFeb 12, 2024 10:51 am

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Closes on Nonbrokered Private Placement

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based, growth-stage company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-energy solutions, has closed on the final tranche of its nonbrokered private placement. As part of the transaction, the company issued 9,961,909 units at $0.055 per unit, with a unit comprising one common share and one common share purchase warrant; the warrant allows holders to purchase an additional common share at $0.07 until Feb. 9, 2029. Gross proceeds for the placement totaled $547,905. “When combined with the first tranche of the offering, the company has raised gross proceeds of $1,897,905 through the issuance…

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WednesdayFeb 07, 2024 1:59 pm

GreenEnergyBreaks – Correlate Energy Corp. (CIPI) Partners with Carbonsight to Deliver Data-Driven Decarbonization, Sustainable Energy Solutions

Correlate Energy (OTCQB: CIPI), a growth-oriented distributed energy company, has entered a strategic partnership with Carbonsight (by Autocase), an online decarbonization planning tool for real estate portfolios. According to the announcement, the collaboration calls for Carbonsight to facilitate the development of building and portfolio plans focused on achieving carbon-reduction targets as well as allowing building portfolio owners to organize key data, quantify potential CO2-reducing solutions, and visualize carbon-reduction options to achieve emission-reduction goals. The partnership leverages strengths of both companies, including Correlate's expertise in developing and financing renewable and clean-energy projects and Carbonsight's cutting-edge decarbonization planning software. Together, the two…

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TuesdayFeb 06, 2024 2:56 pm

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Reports on Status of Initiatives, Financing

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based, growth-stage company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-energy solutions, has released a report on recent company achievements and new initiatives as well as the completion of financing. The report noted a visit from the Honorable Lawrence MacAulay, Canada’s federal minister of agriculture, and two local members of parliament, the Honorable Bardish Chagger and MP Tim Louis; the trio visited FuelPositive’s Northland facility and engaged directly with FuelPositive’s team. The report also noted the following key items: the company remains on track to deliver its first commercial system in early spring…

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TuesdayFeb 06, 2024 2:36 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Bollinger’s Receipt of IRS Approval for $40K Commercial EV Tax Credit

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that Bollinger Motors (“Bollinger”) has received IRS approval as a “qualified manufacturer” for clean vehicle credits under the Inflation Reduction Act of 2022 (the “IRA”). According to the announcement, the designation enables the Bollinger B4 chassis cab to qualify for the IRA’s new credit for qualified commercial clean vehicles, providing eligible purchasers a tax credit of up to $40,000 per vehicle. “Bollinger Motors is poised for growth and we’re ready to help electrify America’s fleets,” said Robert Bollinger, founder and CEO of Bollinger Motors. “These tax credits are…

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MondayFeb 05, 2024 1:01 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Production and Deliveries, Moves Forward with Production Line Installation

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting “great strides” with the production and deliveries of its Class 1 and Class 3 commercial EVs. In addition, the company is reporting that its subsidiary, Mullen Advanced Energy LLC, "), is moving forward with the installation of its battery-pack production line at its new 122,000-square-foot, high-energy facility in Fullerton, California. The company announced the new facility in November 2023; the new facility is dedicated to producing next-generation, American-made EV battery components, modules and packs. “We are steadfastly focused on production, production, production,” said Mullen Automotive CEO and chair…

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ThursdayFeb 01, 2024 1:19 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Poised with First-Mover Advantage in Class 1 and Class 3 Commercial Vehicles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it continues to capitalize on its first-mover advantage in the U.S. market with production and deliveries of its Class 1 EV cargo vans and Class 3 EV trucks. Mullen began Class 3 vehicle production in August 2023 and Class 1 production in November 2023, with first vehicle deliveries in September 2023 and December 2023, respectively. “While many of the OEMs and new EV companies have launched their EVs with significant losses, Mullen is out-of-the-gate with a positive gross profit margin per vehicle,” said David Michery, CEO and…

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TuesdayJan 30, 2024 1:40 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands Sales Dominican Republic, Caribbean Markets with Grupo Cavel Order

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a vehicle order from Grupo Cavel for the sale of EVs its Electric Motors dealerships located in the Dominican Republic and Caribbean. The order was for 20 CAMPUS EV cargo vans. According to the announcement, Grupo Cavel plans to order additional vehicles and will be establishing a sales and service distribution channel for Mullen’s lineup of commercial EVs in the two countries. Grupo Cavel is a key retail automotive group in the Dominican Republic and has existing relationships in vehicle sales, distribution, warranty and servicing throughout the Caribbean.…

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MondayJan 29, 2024 12:05 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Class 3 EV Truck Receives CARB Certification

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has reached a commercial electric-vehicle milestone: its all-electric Class 3 low cab forward chassis truck has received certification from the California Air Resources Board (“CARB”), which means the vehicle meets specific emissions standards in compliance with CARB regulations. The certification means the vehicle qualifies for important state incentive programs, including an opportunity with California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”) project. The HVIP project offers a rebate of up to $45,000 and, when combined with the $7,500 federal tax credit, totals a net effective cost of less than $20,000…

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